Group Retirement Plan (Prevailing Wage Contractors)

In the prevailing wage industry, balancing competitive bids with the demand for top talent can feel like walking a tightrope. With the Davis-Bacon Act increasing the cost of federal construction projects by an average of $1.4 billion annually, contractors are under immense pressure. Winning contracts and complying with state and federal laws, while not compromising on the quality of talent, poses a significant challenge.
Fierce competition demands lean bids that stand out. Yet, with equalized salaries due to the prevailing wage, attracting and retaining top-notch professionals becomes daunting. Being in this conundrum not only threatens your chance of securing contracts but also jeopardizes the overall efficiency and productivity of your team. If not addressed, you risk spiraling costs, reduced bid competitiveness, and the very foundation of your business could be at stake.
Enter TWIA Insurance Group Retirement Plans tailored specifically for prevailing wage contractors. By integrating these retirement plans, you can significantly reduce your bid costs, positioning you miles ahead of your competitors. Beyond just winning contracts, it provides a substantial advantage in the talent war, allowing you to recruit and retain key personnel, which, in turn, ensures projects are completed punctually. Our seasoned Third-Party Administrators (TPA) are equipped to streamline the entire process for you, effectively reducing costs while ensuring full compliance with all federal and state prevailing wage laws. In essence, you’re not just providing a benefit—you’re sculpting a future for your employees and fortifying the foundations of your business. Don’t let the challenges of the industry hold you back. Request a quote today and transform the way you bid, work, and succeed.

“Pricing: Pricing will depend on various factors and information provided.

Purchasing Process: 1. Order Quote 2. Receive Email 3. Complete Quote Informational Form

Requirements: Must have 3 or more employees that will enroll. Coverage is for group member’s
and/or spouses and dependents. Will need the Age, Gender, and Smoking status of each prospective group member and their spouse and dependents.

Estimated Time Frame: 20 to 30 minutes to complete quote form, once received turn around time can but within 3 business days.

Select “”Add to Cart”” to Order your quote now!
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